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Retail

  • Asda bosses warned payroll switch could cause problems, report claims

    April 21, 2024

    Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.

  • Retail sales stagnant in March despite improving prospects for UK economy

    April 19, 2024

    A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.

  • Dunelm expects gross margins to grow despite ‘volatile’ homeware market

    April 18, 2024

    The Dunelm board described the homeware and furnishing market as “volatile” and “challenging” on Thursday, as the retailer posted flat sales during the third quarter.

  • Meet the man who’s kept Old Spitalfields Market moving for three decades

    April 18, 2024

    Eric Graham is a market man to his bones. Andy Silvester meets the Londoner who keeps Old Spitalfields Market ticking.

  • Activist investors urge KitKat maker Nestlé to reduce reliance on sugar, fat and salt

    April 18, 2024

    A resolution filed by a group of Nestlé shareholders will go to vote today at its annual general meeting, demanding one of the world's biggest food makers reduces its reliance on products which have high levels of sugar, fat and salts. 

  • Dr Martens names new chief executive amid sales slump in the US

    April 16, 2024

    Dr Martens has named Ije Nwokorie after Kenny Wilison decided this would be his last year as top boss at the boot maker. 

  • Superdry to delist from London Stock Exchange in latest effort to stay afloat

    April 16, 2024

    Embattled fashion brand Superdry has said it will delist from the London Stock Exchange as part of a restructuring plan to keep the company alive. 

  • Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat

    April 15, 2024

    Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores. 

  • Fashion brand loved by celebrities and known for £110 t-shirts to open second store in Soho

    April 15, 2024

    REVOLUTION, a luxury British street wear brand founded by brothers George and Michael Heaton in 2011, have just one other bricks and mortar store which is located in Los Angeles. 

  • Has Tesco benefited from people trading down?

    April 10, 2024

    Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers. 

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